Explore a modern way to fund your business in crowdfunding Crowdfunding is a newer form of funding that puts some excitement into raising money for new products and/or business ideas. This kind of lending allows for the account creator to gain funds by asking for the support of family, friends, and fans. Websites like Kickstarter.com and
READ MOREBusiness Tips and Advice
Ways to fund your business: Apply for a loan
When and how to use a small business loan to grow your business The bank is the first place many small business owners go for startup capital or a line of credit to grow their business. Before you pursue an online loan or launch a crowdfunding campaign, talk to your personal banker to learn what
READ MORE
Where will I get the money to start or grow my business?
4 sources of business funding for entrepreneurs Picture this! You’ve been working night and day on an amazing business idea. You have all the details worked out from the products and services to the marketing and pricing strategy, you even have customers who are ready to buy. There’s just one last item to check off
READ MORE
6 Small Business Tips for Tax Season
Helpful hints for business owners to lessen the stress of filing taxes. With the deadline to file taxes fast approaching, we asked one of our Business Advisory Services Consultants, Phylicia Moye, to share some tax tips for small business owners. Throughout the year, I help our loan clients navigate tough decisions and work with them
READ MORE
How to buy an existing business in 8 steps
Want to buy an existing business? Here’s what you need to know. BY KEY DAWSON, SENIOR BUSINESS ADVISOR, BUSINESS DEVELOPMENT. KEY OFFERS A WEALTH OF ENTREPRENEURSHIP EXPERIENCE AND OPERATIONS EXPERTISE. AS AN ENTREPRENEUR AND BUSINESS OWNER, KEY HAS SUCCESSFULLY PURCHASED AND SOLD A NUMBER OF BUSINESSES. Buying an existing business has many advantages over starting
READ MORE
Guide to Online Business Loans: Easy Does Not Equal Cheap
Funding Your Small Business Online Is Easy, But Comes With Risk In 2008, the Great Recession caused many banks and financial institutions to tighten their credit standards. As a result, a new breed of online lenders seized the opportunity to assist small businesses and new business owners with their credit needs, and often at a
READ MORE
4 Most Common Business Legal Structures
What Legal Structure Is Best for Your Business? One of the first decisions you’ll need to make when you start a business is to determine the correct legal structure for your company. But how do you decide which business legal structure is right for your company? You will need professional legal guidance to make this
READ MORE
Want to Start Your Own Business?
How to start a business in Tennessee or Alabama Whether you dream of working for yourself or building a lasting legacy for your family, starting your own business is a major decision involving important financial planning and legal decisions. In this article, we’ll take you through 11 steps to start a business in Tennessee or Alabama.
READ MORE
Business Tip No. 10: Commit to a Long-Term Vision
Entrepreneurs are classic risk-takers. But one risk they cannot afford is rushing into business without establishing a long-term vision. Many well-intentioned entrepreneurs launch an innovative business based on their passion, only to find themselves unable to turn that passion into a sustainably profitable business. Lay a strong foundation for a new business by building and
READ MORE
The Sixth C of Credit
Why coachability is important when you apply for a loan or line of credit. Ask any business lender about “the 5 C’s” and chances are they can name them all. We recently published a full blog post about the five C’s of credit that you can read right here, but just to review, those five
READ MORE